The consumer confidence indicator in Belgium rose to -4 in February 2020 from -6 in the previous month, the highest since November 2018. Households were expecting their financial situation to improve (3 vs -2) and their savings prospects were estimated to be considerably brighter (6 vs 2). Also, fears of a rise in unemployment receded (6 vs 8). Meantime, consumers were more pessimistic about expected economic developments in the country (-17 vs -15). Belgium Consumer Confidence - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Consumer Confidence in Belgium averaged -7.14 Percentage Points from 1985 until 2020, reaching an all time high of 16 Percentage Points in August of 2000 and a record low of -28 Percentage Points in January of 1985. This page provides - Belgium Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in Belgium is expected to be -5.00 Percentage Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Belgium to stand at -7.00 in 12 months time. In the long-term, the Belgium Consumer Confidence is projected to trend around -5.00 Percentage Points in 2021, according to our econometric models.


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Belgium Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-4.00 -6.00 16.00 -28.00 1985 - 2020 Percentage Points Monthly
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Calendar GMT Actual Previous Consensus TEForecast
2019-11-21 02:00 PM Nov -6 -8 -7
2019-12-18 02:00 PM Dec -8 -6 -7
2020-01-21 02:00 PM Jan -6 -8 -8
2020-02-19 02:00 PM Feb -4 -6 -6
2020-03-20 02:00 PM Mar -4 -5
2020-04-21 01:00 PM Apr
2020-05-20 01:00 PM May
2020-06-19 01:00 PM Jun -7


News Stream
Belgium Consumer Morale Picks Up to 15-Month High
The consumer confidence indicator in Belgium rose to -4 in February 2020 from -6 in the previous month, the highest since November 2018. Households were expecting their financial situation to improve (3 vs -2) and their savings prospects were estimated to be considerably brighter (6 vs 2). Also, fears of a rise in unemployment receded (6 vs 8). Meantime, consumers were more pessimistic about expected economic developments in the country (-17 vs -15).
2020-02-19
Belgium Consumer Sentiment Improves in January
The consumer confidence indicator in Belgium rose to -6 in January 2020 from -8 in the previous month, as the general economic situation for the coming months is thus expected to be brighter (-15 vs -17), while concern about an increase in unemployment over the next twelve months eased (8 vs 11). Meanwhile, households were not expecting any change in their financial situation (at -2), but were planning to save a lot more in the next few months (2 vs -5).
2020-01-21
Belgian Consumer Confidence Weakens in December
Belgium's consumer confidence indicator dropped 2 points from a month earlier to -8 in December 2019, as consumers have become more pessimistic about macroeconomic developments in Belgium (-17 vs -14 in November). In addition, households are expecting a rise in unemployment over the next 12 months (11 vs 7) and deterioration in their savings (-5 vs -1) while they expect the same for their financial situation (-2).
2019-12-18
Belgium Consumer Morale Improves in November
The consumer confidence indicator in Belgium rose to -6 in November 2019 from -8 in the previous month, as consumers were less pessimistic about expected economic developments in the country (-14 vs -16) while fears of a rise in unemployment receded significantly (7 vs 12). Households’ forecasts for their own financial situation remained unchanged (at -2), and their savings prospects were estimated to be considerably brighter (-1 vs -4).
2019-11-21

Belgium Consumer Confidence
In Belgium, the consumer confidence indicator supplies concise information on consumers’ confidence regarding the progress of the economy. The index is based on a monthly telephone survey of more than 1,000 consumers on their outlook for the country's job and economic prospects as well as their own financial situation and ability to save money. The index is the balance of positive and negative replies, with a figure of zero meaning Belgians are evenly split on whether things will improve or worsen for consumers in the next year.